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Broadcom Pulls Back as Strong Earnings Fail to Match AI Growth Expectations

Investing.com Logo Investing.com By Timothy Fries
Broadcom Pulls Back as Strong Earnings Fail to Match AI Growth Expectations

Broadcom reported strong Q4 earnings with $18.015 billion revenue and 74% AI semiconductor revenue growth, but stock fell 4.92% in premarket trading due to cautious AI growth commentary and margin pressure concerns.

Insights
NVDA   positive

Leading GPU technology, strategic partnership with Uber for autonomous vehicle ecosystem, and strong potential in electrified, software-defined vehicles


AVGO   negative

Despite beating earnings estimates and reporting strong revenue, the stock declined due to uncertain AI revenue guidance, margin pressure warnings, and investors' unmet growth expectations